Izzit can earn from EA?

 

halo, i am new on this area, can i ask we really can earn from EA? 

i have an EA and the profit is 5k from $100 as initial within 1 month on demo backtest result, 

but yet test on live account, it really almost same result as demo account

 any1 can share me with this kind experience? thank you

 

Yes, you can earn from EAs if you use it properly and the based on strategy is good, BUT ...

Most of EAs are not. Don't rely on Back-Tests at all. Only Forward-Test can give you the right

expectation.  

 
Osama Shaban:

Yes, you can earn from EAs if you use it properly and the based on strategy is good, BUT ...

Most of EAs are not. Don't rely on Back-Tests at all. Only Forward-Test can give you the right

expectation.  

TQ for the sharing, so the back-test result is totally different with forward-test?

can suggest any good EA?

 
4lvin:

TQ for the sharing, so the back-test result is totally different with forward-test?

can suggest any good EA?

not totally different.

personally I did some test and MT5 backtest is more reliable than MT4

the spread is embedded into the bars not like mt4

platform aside, spread and slippage play a part too 

 
Dua Yong Rew:

not totally different.

personally I did some test and MT5 backtest is more reliable than MT4

the spread is embedded into the bars not like mt4

platform aside, spread and slippage play a part too 

TQ for the advice!

other question, have any setting to set the alert sound when my EA auto make trade?

i found the sound only pop-out when i trade it manually, but no any alert sound when my EA auto make trade, any solution?

Reason: